Economy

With residency, luxe living and low taxes mere table-stakes, the availability of trained staff to help the ultra-rich run their lives and their money has become a key battleground.

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate.

AI and the IRS; the 1099-DA; your best banking products; and other highlights from our favorite tax bloggers.

Forvis added Thales Consulting; and RSM South Africa merged in Ngubane Johannesburg.

Recently appointed the president of the Information Technology Alliance, Geni Whitehouse wants to be a bridge between small and middle-market businesses.

CEO Francesca Lagerberg has been overseeing growth at a time when some of its Big Four rivals are retrenching on their staff numbers.

The Treasury released partial guidance on supply-chain requirements that lets some vehicles qualify — but it hasn't yet clarified how to classify so-called foreign entities of concern.

Starting Jan. 1, 2024, many small businesses will face a major new reporting requirement — and many of them are completely unaware of it.

Despite the return to the office following the easing of the COVID pandemic, some accountants who work with nonprofit organizations are still working remotely as well.

An actor alleged his sister misspent his money on herself while he was under her guardianship. She's hired an accountant.

IIA appoints global board chair; Schneider Downs adds seven shareholders; and more news from across the profession.

Mayor Michelle Wu's proposal is the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.

With the ever-evolving state of technology, the leading resellers and implementers of accounting tech are more in demand than ever.

These 15 resellers are the leading performers on this year's Accounting Today VAR 100.

A financial services company headquartered in Los Angeles has bought a forensic accounting and litigation consulting firm based in Detroit.

The Top 25 Firm merged in a financial advisory services firm focusing on the health care industry.

Job creation surged last month, especially in consumer-facing services.

The rate of hourly pay and hiring growth slackened last month at small businesses, which also had a harder time finding workers.

The service posted a fact sheet Friday on tax credits for renewable energy projects under the Inflation Reduction Act.

Cherry Bekaert launches foundation; ConvergenceCoaching announces Transformational Leadership Program graduates; and more news from around the profession.